Illicit financial flows and country-by-country reporting in extractive industries

Saila Stausholm, Petr Janský and Marek Šedivý

No wp-2022-76, WIDER Working Paper Series from World Institute for Development Economic Research (UNU-WIDER)

Abstract: Economic data are important in governing the international political economy. Some of the most widely used macro statistics risk being undermined by systematic misalignment in reporting of economic activity due to illicit financial flows, as well as tax-minimizing financial transactions by multinational corporations. Measuring these misalignments may prove a way to correct old statistical standards, if adequate data can be obtained.

Keywords: Tax avoidance; Illicit financial flows; Extractive industries (search for similar items in EconPapers)
Date: 2022
New Economics Papers: this item is included in nep-acc and nep-iue
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Citations: View citations in EconPapers (2)

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